Part 2/10:
Yesterday’s trading activity vividly illustrates this manipulation. Bitcoin experienced a sharp pump of $3,300 within a brief span, leading to the liquidation of $16 million worth of short positions in just half an hour. Soon after, Bitcoin plummeted by $3,400, causing $52 million in long liquidations over the following 45 minutes. These extreme swings highlight how market manipulation is orchestrated to trap traders and wipe out their positions.
The analyst advises against playing Wall Street’s game, emphasizing that retail traders cannot win against such institutional players. Instead, they recommend adopting a strategic approach to market participation.